Oil rig news
Arena Energy awarded seven blocks on Gulf of Mexico Shelf
Arena Energy, LLC, has announced it was awarded seven leases by the Bureau of Ocean Energy Management (BOEM) in Lease Sale 259 .
Equinor shares Johan Castberg project update
The Johan Castberg partnership, consisting of Equinor, Vår Energi and Petoro, is updating the project cost estimate. The investment estimate has increased by almost NOK 13 billion since last year.
DNO make a discovery in the Norwegian North Sea
DNO has announced a gas condensate discovery on the Norma prospect in the Norwegian North Sea license PL984 in which the Company holds a 30 percent operated interest.
Orcadian enter agreement to develop one of largest undeveloped discoveries in the central North Sea
Orcadian has entered into a non-binding Heads of Agreement (HoA) with a North Sea operator (the Operator), which details a potential farm-out of the Pilot development project.
OPEC has made a statement on peak fossil fuel demand
OPEC has noted, on the International Energy Agency’s recent Op-Ed published, asserting that fossil fuel demand would peak before 2030, that consistent and data-based forecasts do not support this assertion.
Wood delivers an AI maintenance solution for UK operators
Wood has secured contract wins with major UK operators for its digital maintenance optimisation solution, maintAI.
Archer extends Horizon56 partnership across 12 platform rigs
Horizon56, has strengthened its partnership with Archer, with a deal to digitalise a further nine rigs within Archer’s operations.
Shenzi North project has commenced production in the Gulf of Mexico.
The Woodside-operated Shenzi North project has commenced production in the deepwater US Gulf of Mexico, with achieved production ahead of targeted first oil in 2024.
Jacking, loadout and floatover operations for 19 600 ton offshore platform successfully completed
Mammoet’s has delivered a safe and efficient load-out and offshore installation operations for the Azeri Central East (ACE) production, drilling and quarters platform in the Caspian Sea.
Petrobras to support sustainable decommissioning of oil platforms
Petrobras sign an agreement with Porto do Açu (RJ) to support the sustainable decommissioning of oil platforms.